Released 02 June 2021
HMRC have published a policy paper covering the fifth grant payable under the Self-Employment Income Support Scheme (SEISS), which will open for claims from late July 2021 and will cover the period May 2021 to September 2021.
The amount of the fifth grant will be determined by how much business turnover has been reduced in the year April 2020 to April 2021.The grant is taxable and will be paid out in a single instalment.
Further guidance for claiming the grant will be available by the end of June 2021.
View the policy paper.